Prescott Arizona Area Foreclosure News

Inaya Day – Nasty Girl – 123 BPM – for all those nasty girls at Boot Camp ♫ http://blip.fm/~9yd8h #
Motorcycle – As the Rush Comes – 70 BPM – great beat and Jes Brieden has a sexy voice ♫ http://blip.fm/~9ye3u #

If you read the last post, you saw a property listed in Mayer, which is about a 30 minute drive from my office in downtown Prescott.  It is a REO and is listed for $18 per square foot for 5683 sqft on 1.25 acres.
I gotten many calls from my investor clients on this listing and [...]

We are back up to record levels with thirty-eight foreclosed or short sale homes coming on the market last week.  They made up about one in every five homes being listed in the Prescott Arizona Area MLS system.
This week 44% of the listings were distressed sales.  38/86 listings total.  This is akin to Phoenix where [...]

Dirty Vegas – Days Go By – 127 BPM – will be a lovely climbing tune ♫ http://blip.fm/~9pakv #

Happy post 4th of July weekend!  It was booming here in Prescott last week with Combo Deluxe at Jersey Lilly’s, the rodeo and the parade.  Too much fun!
After last week’s barrage of thirty nine foreclosed or short sale homes, sixteen new listings came on the market last week.  They made up about one in every five [...]

Sales volume in the  distressed home market in the Prescott AZ area remained strong with 33 homes closing in the last 15 days of June.  This compares to 77 homes sold by traditional resales during the same period, about 30% of overall sales.
The average price per square foot for REO and short sales was $86 and the [...]

Thirty nine foreclosed or short sale homes came on the market last week, way up from last week’s 18.  They made up about one in every 3 homes being listed in the Prescott Arizona Area MLS system.  This is a marked increase and a one week high for distressed listings in the Prescott area.  Could some of [...]

“Life is what happens while you’re making other plans.”
Richard Dreyfuss in Mr. Holland’s Opus
No one moves into a home and takes on a mortgage planning on foreclosure.   But divorce, medical issues, job loss, job transfers, and life changes can all lead to to foreclosure or short sale. If your bad luck is temporary, you might [...]